The Board of Directors provides strategic direction and guidance to the association. It meets four times a year. Board members include corporate members and representatives of national associations, all of whom are experienced and respected industry figures. 

The current Board was elected in March 2010. It is elected every two years.

The current composition of the Board is as follows:

• Christian Iversen, Chairman (LEGO Group)
• John Harper, Vice-Chairman (Hasbro)
• Peter Broegger, Treasurer (Mattel)
• Bryan Ellis (Hasbro), President
• Peter Trillingsgaard, Chair of the Technical Committee (LEGO Group)
• Susan Ols, Co-Chair of the Membership Committee (Hasbro)
• Daniel Aboaf, Co-Chair of the Membership Committee (FJP)
• Yann Le Tallec, Co-Chair of the Legal Committee (Mattel)
• Michael Loveland, Co-Chair of the Legal Committee (Bandai SA)
• Roland Earl (BTHA)
• José A. Pastor (AEFJ)
• Marco Luraschi (Gruppo Giochi Preziosi)